5450 Longbranch Rd
About This Property
Tucked away on a quiet cul-de-sac and surrounded by mature trees, this beautiful property provides the ideal canvas for a custom home designed around the Colorado lifestyle. Wake up to snow-capped mountain views, spend your days exploring nearby hiking and mountain biking trails, and enjoy evenings filled with spectacular sunsets and star-filled skies.
Located just minutes from Salida's vibrant downtown, you'll have easy access to local restaurants, galleries, shops, the Arkansas River, and year-round recreation, while still enjoying the serenity of your own private mountain retreat.
The Salida Fire Department has recently completed fire mitigation in the area, enhancing peace of mind while preserving the property's natural beauty. A site plan is available, and water augmentation through the Upper Arkansas Water Conservancy District (Certificate #1756) will transfer to the buyer at closing. Buyer to drill a private well and install a septic system. Paved private roads provide easy year-round access.
Whether you're dreaming of a full-time residence, a mountain getaway, or a place to enjoy retirement surrounded by nature, this remarkable property offers the rare combination of privacy, convenience, and unforgettable views. If you've been searching for land near Salida to build your dream home, this is an opportunity you won't want to miss.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2026 | Price Decreased |
$297,500
↓ $18K
(5.6%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed | $315,000 | |
| Listed | |||
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by First Colorado Land Office, Inc. | $239,000 | |
| Listed by First Colorado Land Office, Inc. | |||
| | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017